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WB to support Bangladesh secondary education

The government signed a $265 million additional financing agreement with the International Development Association (IDA), the World Bank’s concessional arm, for the ongoing Secondary Education Quality and Access Enhancement Project. The financing will help annually 4.5 million poor rural children in 215 upazilas across the country to continue secondary level education. wbWith this additional financing, the project will continue to provide po...

Tea prices dip on large supplies

Tea prices in Bangladesh fell for a fifth straight week at a weekly auction on Tuesday amid a larger supply of low-grade leaf while the volumes offered were the highest for the season so far, brokers said. Bangladeshi tea fetched an average of 157.02 taka ($2.01) per kg against 160.26 taka in the previous week's auction, when prices fell 2 percent, an official from National Brokers Limited said. teaAround 3.50 million kg of tea was offered at the auction centre in Chittagong, with almost 70 percent remaining unsold. At the previous auction, nearly 3.3...

Pubali Bank holds managers’ conference in Cox Bazar

A 2 day long ‘Annual Managers Conference-2014’ participated by all 425 Branch Managers, Regional Managers and Sr. Executives of Head Office was held at Hotel Ocean Paradise, Cox’s Bazar on 22 & 23 February to motivate them to increase Bank’s business by rendering better services. Annual Manager Conf_Cox2014Hafiz Ahmed Mazumder, Chairman, Board of Directors of Pubali Bank graced the Conference as chief guest while Managing Director Helal Ahmed Ch...

ICICL holds branch managers conference -2014

The Branch Managers Conferece -2014 of Islami Commercial Insurance Company Ltd (ICICL). was held recently at the company’s head office in the capital. Chairman of the Board of Directors Md. Anowar Hossain, A.Z.M. Shamsul Alam Advisor, A.K. Momtaz Khan Advisor, of the Company and Mir Nazim Uddin Ahmed, Managing Director were present on the occasion. iciclAn elaborate discussion was made on the performance of business operation upto December-2013 and future plan for the year. The Chief Guest in his de...

Japan plan keeps nuclear as key energy source

Japan unveiled its first draft energy policy since the Fukushima meltdowns three years ago, saying nuclear power remains an important source of electricity for the country. The draft presented Tuesday to the Cabinet for approval expected in March, said Japan's nuclear energy dependency will be reduced as much as possible, but that reactors meeting new safety standards set after the 2011 nuclear crisis should be restarted. [caption id="attachment_4454" align="alignleft" width="300"]Fukuhsima Dai chi nuclear plant

Buyers fleeing China for Bangladesh

Foreign buyers are fleeing China for Bangladesh, Cambodia and Indonesia not just for cheaper labour but also because of rising tensions between the workers and their employers, in some cases because of poor corporate social responsibility on the part of the companies. Swedish firm H&M, the world’s second-biggest clothing retailer, now sourced about 45 per cent of its needs from Bangladesh, and Cambodia’s share was growing, said Goran Larsen, a former chairman of the Swedish Textile Importers Association. [caption id="attachment_4450" align="alignleft" width="300"]china RMG
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